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If you ask around, what’s the eighth wonder of the world? you’ll get all kinds of answers. I think only investors/financial advisers will refer to Compounding 🙂 …that too very few of them. Even though I have been in investment business since last 15 years, I never understood or cared about the importance of it. Only since last few years, I’m beginning to understand how powerful the concept is.

Yes, Einstein called “Compound Interest” the Eighth Wonder of the World, he added further “He who understands it, earns it..he who doesn’t..pays it.” The Snowball Effect means the same thing and makes it easier to understand, here is a post that explains it beautifully in simple language..not recommending the stocks mentioned here but idea is to get familiar with the concept.

There’s subtle and mystical world beneath the gross one that we perceive via our senses. This creation of ours has certain laws; the “Law of Giving” is one of them.

If we are to accumulate riches, we ought to harness the Power of Giving. It is super effective but takes time and some reflection to realise its full potential.

In today’s rational world, it appears that if we give..we end up with less. Those who give, make it a part of financial planning/budget and donate anywhere from 1-10% of their income…which is fine; better than not giving at all. But we should try to go beyond this typical tradition of Giving.

I discovered some great veggie food restaurants in Phuket. All you have to do is: go to main market area on Ranong Road, walk about 100 yards or so. These are exact opposite of a Buddhist temple, hard to miss.

As the post title suggests, I’m sharing the best of what Phuket has to offer and some offbeat stuff:

Aerial view of Phuket: My flight from Kualalumpur to Phuket was almost half empty. I couldn’t help but being glued to the window of the plane. The aerial view was breath taking, felt like I was being transported to a different planet…imagine almost 15 mins of live display of hundreds of these limestone formations dotting the blue sea.

Buffett recommends buying S&P 500 and a bit of Short Term Bond for the long-term investment portfolio. But investing doesn’t have to be this boring. There’s big universe of Index Funds out there and you can have some fun with different kinds of portfolios.